Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL) Sees Significant Decline in Short Interest

Key Points

• Super Hi International Holding Ltd. reported a significant decline in short interest, dropping by 78.6% to just 300 shares as of July 31st.
• The company's shares opened at $19.29, with a market cap of $1.25 billion and a price-to-earnings ratio of 32.15.
• Super Hi International last reported quarterly earnings of $0.20 per share, aligning with analysts' expectations, while revenue for the quarter was $197.78 million.

Super Hi International Holding Ltd. Unsponsored ADR (NASDAQ:HDL - Get Free Report) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 300 shares, adropof78.6% from the July 15th total of 1,400 shares. Approximately0.0% of the company's shares are short sold. Based on an average daily trading volume, of 2,800 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 2,800 shares, the short-interest ratio is presently 0.1 days. Approximately0.0% of the company's shares are short sold.

Super Hi International Stock Down 1.9%

Shares of Super Hi International stock opened at $19.29 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.60 and a quick ratio of 2.32. Super Hi International has a 1 year low of $14.00 and a 1 year high of $30.00. The firm's 50-day moving average is $19.69 and its two-hundred day moving average is $21.67. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 32.15 and a beta of -0.51.

Super Hi International (NASDAQ:HDL - Get Free Report) last released its quarterly earnings results on Wednesday, May 21st. The company reported $0.20 earnings per share for the quarter, meeting analysts' consensus estimates of $0.20. Super Hi International had a net margin of 4.84% and a return on equity of 10.70%. The business had revenue of $197.78 million for the quarter. As a group, research analysts expect that Super Hi International will post 0.67 earnings per share for the current fiscal year.

Institutional Trading of Super Hi International

A number of institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC acquired a new stake in Super Hi International in the 4th quarter worth approximately $295,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in Super Hi International during the 2nd quarter worth approximately $157,000. Finally, Bank of America Corp DE purchased a new position in Super Hi International during the 4th quarter worth approximately $52,000.

About Super Hi International

Super Hi International Holding Ltd., an investment holding company, operates Haidilao branded Chinese cuisine restaurants in Asia, North America, and internationally. The company is involved in the food delivery business. It also engages in sale of hot pot condiment products and food ingredients. The company was incorporated in 2022 and is based in Singapore.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.